2014-11-14T09:10:16-06:00 2014-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2013-07-01 410122284 AMERICAN REGISTRY OF RADIOLOGIC TECHNOLOGISTS AMER 6516870048 1255 NORTHLAND DRIVE ST PAUL MN 55120 WILLIAM MURTAUGH CHIEF FINANCIAL OFFICER 6516870048 2014-11-11 1 SARAH REICHLING P01587996 6123764500 2013 2015-11-30 17:44:51Z JERRY REID 1255 NORTHLAND DRIVE ST PAUL MN 55120 19117754 0 X WWW.ARRT.ORG X 1936 MN RECOGNIZE QUALIFIED INDIVIDUALS IN MEDICAL IMAGING, INTERVENTIONAL PROCEDURES AND RADIATION THERAPY. 9 9 83 165 45141 4684 0 0 16924121 16958528 1509114 2120003 136557 39223 18569792 19117754 0 0 0 0 6517436 6664562 0 0 0 8419259 7943002 14936695 14607564 3633097 4510190 57004551 65381970 4031137 3861612 52973414 61520358 TO PROMOTE HIGH STANDARDS OF PATIENT CARE BY RECOGNIZING QUALIFIED INDIVIDUALS IN MEDICAL IMAGING, INTERVENTIONAL PROCEDURES AND RADIATION THERAPY. 0 0 REGISTRATION - RECOGNIZE INDIVIDUALS WHO CONTINUE TO DEMONSTRATE THEIR QUALIFICATIONS THROUGH ADHERENCE TO THE STANDARDS OF PROFESSIONAL BEHAVIOR AND COMPLIANCE WITH THE CONTINUING EDUCATION REQUIREMENTS. THE ORGANIZATION HAD OVER 320,000 TECHNOLOGISTS REGISTERED DURING THE YEAR ENDED JUNE 30, 2014. CERTIFICATION - DEVELOP AND ADMINISTER EXAMINATIONS WHICH ASSESS THE KNOWLEDGE AND SKILLS UNDERLYING THE INTELLIGENT PERFORMANCE OF THE TASKS TYPICALLY REQUIRED BY PROFESSIONAL PRACTICE IN THE MODALITY TO ADOPT AND UPHOLD STANDARDS FOR EDUCATIONAL PREPARATION FOR ENTRY INTO THE PROFESSION. THE ORGANIZATION EXAMINED OVER 25,000 CANDIDATES FOR CERTIFICATION DURING THE YEAR ENDED JUNE 30, 2014. LICENSURE - ADMINISTER EXAMINATIONS WHICH ASSESS THE KNOWLEDGE AND SKILLS UNDERLYING THE INTELLIGENT PERFORMANCE OF THE TASKS TYPICALLY REQUIRED BY PROFESSIONAL PRACTICE IN THE MODALITY FOR STATE LICENSURE. THE ORGANIZATION EXAMINED OVER 5,000 CANDIDATES FOR LICENSURE DURING THE YEAR ENDED JUNE 30, 2014. 0 0 0 0 0 0 1 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 103 0 83 1 1 1 0 0 0 0 0 X 9 9 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X WILLIAM MURTAUGH 6516870048 1255 NORTHLAND DRIVE ST PAUL MN 55120 LESLIE SCOUTT PRESIDENT 1.00 X X 6000 0 0 ANN OBERGFELL VICE PRESIDENT 1.00 X X 5000 0 0 JAY HAROLDS MD SECRETARY TREASURER 1.00 X X 4000 0 0 LISA BARTENHAGEN TRUSTEE 1.00 X 3000 0 0 KENNETH W CHIN MD TRUSTEE 1.00 X 6000 0 0 JEFFREY L CROWLEY TRUSTEE 1.00 X 5000 0 0 STEVE HERRMANN TRUSTEE 1.00 X 3000 0 0 GARY GUSTAFSON TRUSTEE 1.00 X 0 0 0 BARBARA SMITH TRUSTEE 1.00 X 1000 0 0 EILEEN M MALONEY TRUSTEE 1.00 X 4000 0 0 KEVIN RUSH TRUSTEE 1.00 X 5000 0 0 JERRY REID EXECUTIVE DIRECTOR 40.00 X 369977 0 35523 WILLIAM MURTAUGH CHIEF FINANCIAL OFFICER 40.00 X 157548 0 32543 VIRGINIA HASELHUHN SR DIR - CREDENTIALING OPERATIONS 40.00 X 156845 0 33543 LAUREN WOOD PSYCHOMETRICS DIRECTOR 40.00 X 129920 0 23824 PHIL MCCULLOUGH INFO TECHNOLOGY DIRECTOR 40.00 X 132150 0 28286 CHRISTOPHER COOK DIRECTOR 40.00 X 122748 0 20514 CYNTHIA DANIELS DIRECTOR 40.00 X 105061 0 18951 1216249 0 193184 9 0 1 0 NCS PEARSON INC ONE LAKE ST UPPER SADDLE RIVER NJ 07458 APPLICANT TESTING 2329775 DORSEY & WHITNEY LLP 50 S SIXTH ST 1500 MINNEAPOLIS MN 55402 LEGAL COUNSEL 643675 PITNEY BOWES PO BOX 223648 PITTSBURGH PA 15250 POSTAGE/MAILING SERVICES 300000 QUALITY RESOURCE 12795 16TH AVE N PLYMOUTH MN 55441 PRINTING/MAILING 262579 GLS COMPANIES PO BOX 1450 MINNEAPOLIS MN 55485 PRINTING/MAILING SERVICES 236469 14 REGISTRATION 541900 10841790 10841790 CERTIFICATION 541900 5168105 5168105 LICENSURE 541900 886400 886400 SERVICE 541900 62233 24096 38137 16958528 678704 7004 671700 1441299 0 1441299 1441299 1441299 MISCELLANEOUS REVENUE 900099 39223 39223 39223 19117754 16920391 45141 2152222 608354 4371591 448091 868245 368281 501149 327806 626419 352214 1045017 278340 676924 739084 661197 149851 COMPUTER BASED EXAM FEE 2290714 BANK SERVICE CHARGES 197952 STAFF/TRUSTEE DEVELOPME 60058 MANAGEMENT FEE EXPENSES 36277 14607564 1905 2035 4850502 7759002 70506 44069 28937 34248 478481 466475 15502537 5622700 10326417 9879837 41170743 47119244 77060 77060 57004551 65381970 2453466 2254615 1478470 1506520 99201 100477 4031137 3861612 X 52973414 61520358 52973414 61520358 57004551 65381970 4510190 4036754 0 X 0 1 X 1 0 0 77060 X BUILDING ORNATION 0 2994680 2994680 9751424 3324847 6426577 2756433 2297853 458580 9879837 FIXED INCOME FUND 2297411 F DIVERSIFIED EQUITY FUND 21657220 F MARKETABLE ALTERATIVES FUND 11650057 F SPECIAL OPPORTUNITIES FUND 11514556 F 47119244 ACCRUED PENSION CONTRIBUTION 100477 100477 X 16997751 0 16997751 2120003 2120003 19117754 14409612 0 14409612 197952 197952 14607564 PART III, LINE 4: THE ORGANIZATION HAD ART CREATED FOR DISPLAY IN ITS OFFICE BUILDING TO CREATE AN ATMOSPHERE IN SUPPORT AND ADVANCEMENT OF THE FIELD OF RADIOLOGY. PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND THE REGULATIONS OF THE STATE OF MINNESOTA AND IS, THEREFORE, EXEMPT FROM FEDERAL AND MINNESOTA INCOME TAXES. THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S TAX RETURNS ARE OPEN TO EXAMINATIONS FOR THE YEARS ENDED JUNE 30, 2011, 2012, AND 2013. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST AND DIVIDEND INCOME 678,704. REALIZED GAIN ON LONG-TERM FUND 1,441,299. X X X X X 0 0 0 JERRY REID EXECUTIVE DIRECTOR 349407 0 0 0 20570 0 27500 0 8023 0 405500 0 0 0 WILLIAM MURTAUGH CHIEF FINANCIAL OFFICER 155798 0 0 0 1750 0 17548 0 14995 0 190091 0 0 0 VIRGINIA HASELHUHN SR DIR - CREDENTIALING OPERATIONS 154797 0 0 0 2048 0 17548 0 15995 0 190388 0 0 0 LAUREN WOOD PSYCHOMETRICS DIRECTOR 128419 0 0 0 1501 0 14301 0 9523 0 153744 0 0 0 PHIL MCCULLOUGH INFO TECHNOLOGY DIRECTOR 130020 0 0 0 2130 0 14441 0 13845 0 160436 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A TRUSTEES ARE APPOINTED BY THE ARRT BOARD. TRUSTEES WHO ARE TECHNOLOGISTS SHALL BE NOMINATED FOR APPOINTMENT BY AN ORGANIZATION OR ORGANIZATIONS IDENTIFIED BY THE ARRT BOARD BASED UPON CURRENT NEEDS. TRUSTEES WHO ARE PHYSICIANS SHALL BE NOMINATED FOR APPOINTMENT BY THE AMERICAN COLLEGE OF RADIOLOGY. ONCE THE TERM OF AN APPOINTED TRUSTEE HAS COMMENCED, THE APPOINTING ORGANIZATION SHALL NOT HAVE THE POWER OR AUTHORITY TO REMOVE THE TRUSTEE PRIOR TO COMPLETION OF THAT TRUSTEE'S TERM. IN THE EVENT THAT AN APPOINTING ORGANIZATION FAILS TO NOTIFY ARRT OF THE APPOINTMENT OR RE-APPOINTMENT OF A TRUSTEE AT LEAST NINETY (90) DAYS PRIOR TO THE END OF A TERM AS DESCRIBED IN THE BYLAWS, SECTION 2, THE BOARD OF TRUSTEES MAY, UPON MAJORITY VOTE OF ALL TRUSTEES THEN SERVING, FILL THE VACANCY WITH AN INDIVIDUAL MEETING THE QUALIFICATIONS AS NOTED IN THIS SECTION. OTHER ORGANIZATIONS MAY BECOME ELIGIBLE TO APPOINT TRUSTEES OF THE CORPORATION UPON RECOMMENDATION OF THE BOARD AND APPROVAL OF ALL ORGANIZATIONS AT THAT TIME ELIGIBLE TO APPOINT TRUSTEES OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WILL BE REVIEWED AND APPROVED BY THE ENTIRE BOARD OF TRUSTEES PRIOR TO FILING RETURN. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND TRUSTEES ARE REQUIRED TO ANNUALLY REPORT IN WRITING ANY INTERESTS OR PARTICIPATION IN OTHER ORGANIZATIONS AND CAUSES. OFFICERS AND TRUSTEES ARE REQUIRED TO DISCLOSE TO THE BOARD A CONFLICT OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST BETWEEN ANNUAL REPORTS. INDIVIDUALS WITH POTENTIAL OR ACTUAL CONFLICTS ARE NOT COUNTED FOR PURPOSES OF A QUORUM AND ABSTAIN FROM VOTING ON AND INFLUENCING ANY ACTION TAKEN WITH RESPECT TO ANY MATTER WHICH MAY BE AFFECTED BY SUCH CONFLICT. DETERMINATIONS ARE MADE BY THE REMAINING MEMBERS THAT DO NOT HAVE AN INTEREST IN THE TRANSACTION. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR - THE FULL BOARD OF TRUSTEES MEETS IN AN EXECUTIVE SESSION TO REVIEW THE EXECUTIVE DIRECTOR'S PERFORMANCE AND ADJUSTS COMPENSATION BASED UPON THAT REVIEW USING THE APPROPRIATE COMPARABILITY DATA AND DOCUMENTATION OF THE DELIBERATION AND DECISION. THIS PROCESS WAS LAST CONDUCTED IN 2014 FOR EXECUTIVE DIRECTOR, JERRY REID. OTHER OFFICERS OR KEY EMPLOYEES - THE EXECUTIVE DIRECTOR, WITH GUIDANCE FROM THE BOARD OF TRUSTEES, DETERMINES COMPENSATION INCREASES WITH THE ADDITIONAL INPUT FROM SUPERVISING DIRECTORS AND MANAGERS USING THE APPROPRIATE COMPARABILITY DATA AND DOCUMENTATION OF THE DELIBERATION AND DECISION. THIS PROCESS WAS LAST CONDUCTED IN 2014 FOR CHIEF FINANCIAL OFFICER, WILLIAM MURTAUGH AND THE SENIOR DIRECTOR OF CREDENTIALING OPERATIONS, VIRGINIA HASELHUHN. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC ON THEIR WEBSITE AND UPON REQUEST. THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.